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Commonwealth Venture GP Partners IV LLC acquired a new stake in ACACIA COMMUNIC (NASDAQ:ACIA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 5,350,915 shares of the company's stock, valued at approximately $330,419,000. ACACIA COMMUNIC accounts for about 100.0% of Commonwealth Venture GP Partners IV LLC's portfolio, making the stock its largest position. Commonwealth Venture GP Partners IV LLC owned 14.30% of ACACIA COMMUNIC as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in ACIA. Whale Rock Capital Management LLC bought a new position in shares of ACACIA COMMUNIC during the second quarter valued at $29,368,000. Bloom Tree Partners LLC bought a new position in shares of ACACIA COMMUNIC during the second quarter valued at $23,964,000. 1832 Asset Management L.P. bought a new position in shares of ACACIA COMMUNIC during the third quarter valued at $50,990,000. Lord Abbett & CO. LLC bought a new position in shares of ACACIA COMMUNIC during the second quarter valued at $15,132,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new position in shares of ACACIA COMMUNIC during the second quarter valued at $12,294,000. Hedge funds and other institutional investors own 51.43% of the company's stock.
Shares of ACACIA COMMUNIC (NASDAQ:ACIA) traded up 0.14% during mid-day trading on Monday, hitting $62.55. The stock had a trading volume of 237,176 shares. The stock has a 50 day moving average price of $64.56 and a 200-day moving average price of $79.75. The company has...